Shine Fashions (India) Ltd — Important, 10-03-2026: Company Update

Shine Fashions' Board approved a significant share capital change. They allotted 124,000 equity shares to a promoter, Mr. Anil Zaverchand Mehta, by converting warrants. Each share was issued at Rs 207, raising approximately Rs 2.57 Cr for the company. Concurrently, 868,000 bonus shares, issued at a 7:1 ratio, were also released to the same promoter. This move increases the company's paid-up share capital from Rs 12.94 Cr to Rs 13.43 Cr, impacting the equity base and shareholder structure.